COVID Stimulus Watch Individual Entry

Recipient Company:
ORTHOFIX INC
Loan or Loan Guarantee Amount:
$13,851,358

Recipient Details

Ownership Structure: publicly traded (ticker symbol OFIX)
Facility City: LEWISVILLE
Facility State: TX

Award Details

Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1235136060
Program Name: Medicare Accelerated and Advance Payment Program ($500,000 and up)
Legislation: CARES
Awarding Agency: Centers for Medicare and Medicaid Services
Data Source for Award:
https://www.cms.gov/files/document/covid-medicare-accelerated-and-advanc...

Parent Company Data

Parent Company: Orthofix Medical
Headquartered in: Texas
Parent Sector: medical equipment and supplies
Parent Industry: medical devices
Employees (prior to pandemic): 1,055

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Government-contracting-related Penalties: $72,000,000
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $21,670,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 72 to 1
CEO Compensation: $5,078,284
Worker Median Pay: $70,281
Tax icon
Total Federal, State, and Local Subsidies: $9,960
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues